Brakes more than £850,000 out of pocket from Jamie’s Italian collapse

A list of creditors in the collapse of restaurant chain Jamie’s Italian, compiled by accountants KPMG, shows Brakes heading the line-up, with £853,663.

Liabilities of the Jamie’s Italian business in relation to company trade creditors amount to £6.86 million.

Also appearing high up the table are drinks supplier Matthew Clark and sister company Bibendum, both part of the Irish C&C Group, with a combined £168,330.

Others included are Direct Meats, of Chappel, Colchester, which is owed £221,494; another meat supplier, Derby-based Russell Hume (£57,248); Direct Seafoods, of Colchester (£101,562); and Liberty Wines, of central London (£123,292).

Jamie’s Italian operated 23 restaurants across the UK and was the main trading entity within the Jamie Oliver Restaurant Group.

It had a total staff of 1,203 and turnover for the year to the end of 2017 of £100.6 million, during which period it incurred a pre-tax loss of just under £10 million.

Brakes (0345) 606 9090


Published Date: July 31, 2019
Category: Wholesale Industry News